Depreciation Te...

Which method is followed to have a uniform charge for depreciation and repair and maintenance together ?

Consider the following data pertaining to M/s. E Ltd. who constructed a cinema house:
Particular                                                                       Rs.
Cost of second hand furniture                                  90,000
Cost of the repainting the furniture                          10,000 
Wages Paid to employees for fixing the furniture      2,000
Fire insurance premium                                              1,000
The amount debited to Furniture Account is ____________.

Date of Purchase 1st July, Purchase Price of Machine Rs. 80,000, Installation Charges Rs. 20,000. Residual Value  Rs. 40,960. Useful life 4 years, Accounting year - Financial year.
The depreciation under SLM for the first year will be:

On $$1st$$ April $$2015$$ in Sethi's Ledger, furniture account showed a balance of Rs$$2,00,000$$. On $$1st$$ October, $$2015$$ Sethi purchased new furniture by paying Rs$$5,000$$ and giving old furniture whose book value on $$1st$$ April $$2015$$ was Rs $$12,000$$ to the seller. Sethi provides depreciation on furniture @ $$10\%$$ p.a on diminishing balance method. The net book value of furniture in Seti's book on $$31.3.2016$$=?

Equipment was purchased on $$1st$$ January $$2012$$ for Rs$$25,000$$ and is to be depreciated at $$30\%$$ based on reducing balance method. If the company closes its books of account on $$31st$$ March every year, what would be the net book value of the equipment as at $$31st$$ December $$2013$$?

M & Co. purchased a machine for a certain sum. The firm has a policy of charging 8 %  depreciation on written down value. The depreciated value of machine after three years is Rs 3,89,344. Purchase price of machine = ?

X Ltd. Purchased a machine on 1st Jan for Rs. 2,40,000. Installation expenses were Rs. 20,000. Residual value after 5 years Rs. 10,000. On 1st July, expenses for repairs were incurred to the extent of Rs. 4,000. Depreciation rate = 10% Depreciation for 4th year will be:

Consider the following information:
I. Rate of depreciation under the written down method= 20%
II. Original cost of the asset = Rs. 2,00,000
III. Residual value of the asset at the end of useful life= Rs. 81,920
Depreciation for 3rd year = 

The W.D.V of an asset after three years of depreciation on the reducing balance method @ 10% pa. is its.36,450. What was its original value?

On $$1^{st}$$ January, 2006 A Ltd purchased a machine for Rs 50,000 and spent Rs 4,000 on its carriage and Rs. 2000 on its installation. Its useful life is 10 years and scrap is Rs. 6000. Depreciation for the year under fixed installment method will be: